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USDA National Daily Direct Hog Prior Day Report 06/26 08:05

USDA National Daily Direct Hog Prior Day Report 06/26 08:05

LM_HG218
Des Moines, IA                             Thu, Jun 26, 2025

DAILY DIRECT PRIOR DAY HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                                      Actual    Actual    Actual
                                                       Today  Week Ago  Year Ago
                                                      --------------------------
Producer Sold
 Negotiated                                            2,284    13,974     4,967
 Other Market Formula                                 26,479    34,922    21,388
 Swine/Pork Market Formula                           119,309   119,551   122,068
 Other Purchase Arrangement                           54,996   283,170    54,668
 Negotiated Formula                                    1,124       647       494
Pack. Sold (all purchase types)                       29,162    31,427    33,553
================================================================================
                           Other         Swine
                           Market       or Pork       Other
                           Formula       Market     Purchase  Negotiated Totals/
              Negotiated  (FUT/OPT)**    Formula    Arrgment   Formula   Wtd Avg
              ------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
 Head Count        1,425      24,052     115,675      52,148       645   193,945
 Base Price       109.09      103.79      110.29      106.24              108.39
Packer Sold
 Head Count                                                               29,146
 Base Price                                                               110.34
================================================================================

                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                          1,425                                    
   Lowest Base Price                  103.00                                    
   Highest Base Price                 113.00                                    
   Weighted Average Price             109.09                                    
Negotiated Formula (carcass basis)
   Head Count                            645                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,070                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         27,092      13,529      17,827       9,265
   Lowest Base Price                   81.73                               84.25
   Highest Base Price                 114.57                              113.48
   Weighted Average Price             104.91                              103.12
Swine/Pork Market Formula (carcass basis)
   Head Count                        139,301      82,778      97,360      38,284
   Lowest Base Price                  102.11      102.11      102.11      103.33
   Highest Base Price                 116.25      116.25      116.25      114.16
   Weighted Average Price             110.25      110.28      110.26      110.16
Other Purchase Arrangement (carcass basis)
   Head Count                         54,628      31,759      33,920      19,279
   Lowest Base Price                   80.17       80.17       80.17       83.90
   Highest Base Price                 119.93      119.93      119.93      113.89
   Weighted Average Price             106.36      108.10      108.33      102.42
Negotiated (live basis)
   Head Count                            756                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (live basis)
   Head Count                            479                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,235                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
================================================================================
                NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 - 
2.7 inches)
 
================================================================================
                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -27.00 -14.62         175#  -10.80  -1.35         205#     .00   4.00
    155#  -25.00 -11.82         185#     .00    .00         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog211.16 lb carcass .65 inch back-fat 
7.94 square inch loin 2.64 inch loin depth FFLI: 53.35
 
Price Range $110.00 - $117.00 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                4,308          Colorado                158
Iowa                 87,338          Illinois             17,147
Indiana              17,990          Kansas                1,354
Kentucky              3,379          Michigan              7,113
Minnesota            42,916          Missouri              3,095
North Carolina        6,361          Nebraska             13,004
Ohio                 14,461          Oklahoma              1,422
Pennsylvania          4,003          South Carolina          175
South Dakota          6,020          Tennessee             2,310
Wisconsin               800          
================================================================================

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